Rough Rice Commodity Markets, Prices & Futures
Use the chart below to check futures prices for rough rice. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
Check out our location-based Cash Grain Bids tool here!
Latest News From Rough Rice
February’s volatile commodity prices added to the final spring crop insurance price scenario. While farmers await RMA’s final numbers, an early look at levels shows soybeans could smash the previous record set in 2011.
Yield losses of 5 percent are par for the course in second-year soybeans. Pest problems can boost those losses to 50 percent or more.
Russia’s attack on Ukraine is expected to halt the processing and export of Ukrainian oilseed crops for at least one month, curbing flows of sunflower seed to the European Union, consultancy Strategie Grains said.
During his press conference at USDA’s Ag Outlook Forum, Ag Secretary Tom Vilsack said it was “too early to tell” what the impacts will be from the Russian invasion. . .
May corn futures plunged 34 1/2 cents to $6.55 3/4, the lowest closing price since Feb. 18 but still up 3 cents for the week. December futures fell 25 cents to $5.79 3/4.
Possible talks surface as the Russian invasion continues
The new agreement means farmers will have “more choices and additional tools” for integrated weed management. In the process, Bayer remains committed to marketing its current crop systems and developing new technologies.
As extreme volatility continued in the commodity markets, USDA gave its first taste of 2022 planted acreage estimates during the Ag Outlook Forum. Analysts debate on what crops are gaining acres with today’s prices.
USDA now predicts an $11.0 billion ag trade surplus for fiscal year (FY) 2022. That is up $500 million from its prior outlook and $2.1 billion above FY 2021.
Iowa Attorney General Tom Miller announced Iowa State University agriculture economist John Crespi will conduct an economic summary of fertilizer markets and the rapid prices increases.